Sat.Jun 20, 2020 - Fri.Jun 26, 2020

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This Week In Payments: Saving Small Business

PYMNTS

The first half of 2020 has been rough on small businesses of all kinds, whether they had to close their doors due to public-health orders or had to relocate their staff to working from home virtually overnight. But for many of them, this has also been an opportunity for them to really develop their digital strategies.

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OCC seeking comments in connection with review of regulations on national bank and federal savings association electronic activities

CFPB Monitor

The OCC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comments in connection with a comprehensive review of its regulations on electronic activities of national banks ( 12 CFR part 7, subpart E ) and federal savings associations ( 12 CFR part 155 ). Comments on the ANPR must be received by August 3, 2020.

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